Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Clever Loans will never telephone you and will never charge you any fees. You should never pay upfront fees for a loan or send money in return for a loan.

What is a Wonga Payday loan? - Find a Payday Loan Alternative Here

Get a quote in 2 minutes, then decide if you want the loan. If you are unsure if you will be accepted, try our QuickCheck

Loan amount £1000
Over how many months?
79.5% APR Representative

Please keep this box ticked and you could have your loan sent within minutes**


Try QuickCheck to find out your chances of being accepted - 100% no credit footprint!

Try QuickCheck to find out your chances of
being accepted with no impact on your credit footprint!

Digitonomy Limited (trading as Clever-Loans) is a credit broker not a lender. All Applications Subject to affordability, UK residents only

Rates between 11.8% APR and Maximum 1721% APR - your no obligation quote and APR will be based on your personal circumstances - we compare small loans from over 30 lenders to get you the lowest APR possible. If you are not successful in finding a loan we may transfer you directly to alternative firms and services, such as credit builder tools, which may charge you a monthly fee.

Our Happy Customers

What is a Wonga Payday Loan?

For anyone seeking Wonga payday loans, you can no longer apply for a loan through Wonga, as Wonga fell into administration at the end of August, 2018.

Wonga, which was one of the largest payday loan companies in the UK during its time in operation, saw their name become a synonym for payday loans. Their lending arrangements came under scrutiny for lack of transparency and huge APR terms.

‘Payday loan’ usually refers to the lending of comparably small amounts of money, borrowed in the expectation of a relatively short period of repayment. This would usually be on your next payday, hence the name.

Wonga Loan Alternatives

For anyone seeking Wonga payday loans, or payday loans like Wonga, there are a range of alternatives. Clever Loans, operating as a part of the Digitonomy Group, has over 5 years’ expertise as a loans broker, providing short-term loans on a range of flexible terms. Our service provides no-obligation and no-fee quotes across our panel of up to 40 loan options, offered by the 20 direct lenders on our database, sourcing competitive loan options and making us a popular alternative to Wonga payday loans.

At Clever Loans, we don’t deal in payday loans, we act as a loan broker to offer access to various personal loan options, giving you the opportunity to receive a quote for a loan of between £100 and £5,000. The repayment term options of our lenders range between 3 and 36 months, with access to different repayment lengths depending on how much is borrowed.

This provides more flexibility of choice than a Wonga or any other payday loan, but also offers the chance to receive your finance very quickly and directly into your bank account.

Many sites still rely on outdated decision-making models and inconsistent ’best buy’ tables, but we’ve become a trusted loans broker by delivering our online customers an immediate decision on whether they are ‘accepted’, with access to a range of adjustable options in terms of loan amount and repayment terms.

Am I Eligible for a Payday Loan like Wonga?

To qualify for a payday loan, you need to meet the following criteria:

  • Minimum of 18 years of age
  • Permanent UK resident
  • Hold a valid UK bank account, that can accept direct debit repayments and comes with a valid debit card.
  • Have regular income being paid into that bank account
  • An email address and telephone number

Please note: Clever Loans does not offer Wonga payday loans, or any payday loans. Acting as a broker, we find you the best loan options for your requirements. Also, we do not perform any credit check without your consent.

How Do Our Loan Options Compare to Wonga Payday Loans?

Clever Loans offers an online loan application process that is straightforward to complete. Our application form can be filled out using your computer, a mobile phone or tablet device. We provide clearly displayed figures for you to select from, both with regards to the total you want to borrow and your repayment length.

Several of the major payday loan lenders have received heavy criticism for not providing this level of transparency on factors such as the size of their APR levels. In contrast, all of our loan options are displayed clearly, and an immediate response on whether you may be eligible.

To progress with our application process, you will need to provide a few pieces of basic information on your current residential and financial status. We also require some simple details on your income, expenses, and employment. The chosen lender will then need your bank account details so that they can transfer your loan.

Clever Loans is proud to authorised and regulated by the Financial Conduct Authority (FCA), which is marked by a commitment to follow all industry best practices. We ensure any personal information is securely stored on our online system. We’re GDPR compliant and only keep your details for the necessary period. See our privacy policy for full details on data storage.

What Happens Next?

After submitting your personal loan application, we use our innovative tool to present you with loan options from our lenders.

Once we’ve presented you with an instant loan quote from up to 40 loan options we can match; you can choose to proceed with this loan quote and the lender will carry out their own checks. The loan checks are quick but thorough, meeting all responsible lending criteria.

Following any loan approval, you will then be informed on all of the borrowing terms and be able to make your decision. Once the application details are confirmed, your money can then be sent in minutes*.

What Are the Fees Involved?

Clever Loans never charge you a fee to use our online broker service, which is one reason we are a popular alternative to payday loans like Wonga. We search across up to 20 direct lenders and recommend the best quote for you.

Be aware, while a personal loan can be a suitable option for many individuals or families who find themselves with an unexpected expense, you should always consider the terms of a loan before taking on this commitment. If at any point you find yourself struggling to repay, contact an organisation such as Step Change & Money Helper. for further advice.

What Are My Loan Options?

For anyone considering an option similar to a Wonga payday loan, it is worth knowing what your other more suitable choices are. The personal loans that we act as a Broker for, can range between £100 and £5,000.

To work out exactly what you can borrow, complete the application form on our comparison website, or use the loan calculator, to see your range of offers.

The direct lenders on offer will provide flexible repayment plans, allowing you to select the one that best suits your personal financial situation. Factors to consider include loan duration, total amount repayable, and number of repayment instalments.

Example Repayments*

*These are indicative quotes only based on a £1500 loan over 12 months.

Representative example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1,480.77 Interest: £480.77. Interest rate: 79.5% pa (fixed). 79.5% APR Representative.

Are Our Loan Options Responsible?

Clever Loans® ensure that we are FCA compliant and follow all regulations laid out by the Financial Conduct Authority. All of the lenders we search on our comparison website are FCA authorised and regulated. Clever Loans® commit to a legal responsibility that ensures we don’t work with lenders who are not FCA authorised and regulated. Before accepting applications, our lenders review a customer’s:

  • Credit-worthiness (inclusive of assessing affordability)
  • Financial Wellbeing
  • Ability to make Repayments
  • Credit History

Be aware, short-term loans are often applied for when unexpected expenses appear, but each applicant must consider if the loan is correct for their personal circumstances.

In the event that your financial commitments are building and you are struggling to keep to your repayment terms, organisations that could be of help include Money Helper or Step Change.

Representative example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1,480.77 Interest: £480.77. Interest rate: 79.5% pa (fixed). 79.5% APR Representative. We’re a fully regulated and authorised credit broker and not a lender.